Title
by Americanbulls.com LLC
Last Update
2020.02.27
GBPUSD
BRITISH POUND STERLING / US DOLLAR
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
1.2884
Change:
-0.0019
Percent change
-0.15%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1.2903, and our valid average selling price stands now at 1.2884. The previous BUY signal was issued on 2020.02.25, 2 days ago, when the currency rate was 1.2992. Since then GBPUSD has fallen by -0.83%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
2020.02.271.2884SHORT $17,477
2020.02.251.2992BUY $18,581
2020.02.061.2953SHORT $18,896
2020.01.311.3120BUY $20,598
2020.01.021.3163SELL $20,608
2019.12.261.2992BUY $18,922
2019.12.171.3138SELL $18,932
2019.11.271.2907BUY $16,672
2019.10.251.2821SELL $16,682
2019.10.101.2275BUY $11,262
2019.09.231.2445SELL $11,272
2019.09.091.2313BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$5/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020.02.271.2884SHORT $19,523
2020.02.251.2992BUY $20,627
2020.02.061.2953SHORT $20,942
2020.01.311.3120BUY $22,644
2020.01.021.3163SELL $22,654
2019.12.261.2992BUY $20,968
2019.12.171.3138SELL $20,978
2019.11.271.2907BUY $18,718
2019.10.251.2821SELL $18,728
2019.10.101.2275BUY $13,308
2019.09.231.2445SELL $13,318
2019.09.091.2313BUY $12,036
2019.08.291.2188SELL $12,046
2019.08.221.2189BUY $12,080
2019.07.231.2437SHORT $9,470
2019.07.111.2519BUY $10,334
2019.06.261.2688SELL $10,344
2019.06.191.2587BUY $9,358
2019.06.131.2672SHORT $8,498
2019.06.071.2734BUY $9,150
2019.05.081.3006SELL $9,160
2019.05.011.3049BUY $9,614
2019.03.211.3170SELL $9,624
2019.03.131.3204BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$5/day
Date 
Price 
Signal 
 
$10K ⇨ 
2020.02.271.2884SHORT $32,333
2020.02.251.2992BUY $33,437
2020.02.061.2953SHORT $33,752
2020.01.311.3120BUY $35,454
2020.01.021.3163SELL $35,464
2019.12.261.2992BUY $33,778
2019.12.171.3138SELL $33,788
2019.11.271.2907BUY $31,528
2019.10.251.2821SELL $31,538
2019.10.101.2275BUY $26,118
2019.09.231.2445SELL $26,128
2019.09.091.2313BUY $24,846
2019.08.291.2188SELL $24,856
2019.08.221.2189BUY $24,890
2019.07.231.2437SHORT $22,280
2019.07.111.2519BUY $23,144
2019.06.261.2688SELL $23,154
2019.06.191.2587BUY $22,168
2019.06.131.2672SHORT $21,308
2019.06.071.2734BUY $21,960
2019.05.081.3006SELL $21,970
2019.05.011.3049BUY $22,424
2019.03.211.3170SELL $22,434
2019.03.131.3204BUY $22,800
2019.03.011.3236SELL $22,810
2019.02.181.2921BUY $19,692
2019.02.011.3083SELL $19,702
2019.01.071.2750BUY $16,432
2018.12.261.2650SHORT $17,392
2018.12.131.2655BUY $17,488
2018.11.201.2815SHORT $15,793
2018.11.141.2994BUY $17,615
2018.11.091.3037SELL $17,625
2018.11.011.2790BUY $15,181
2018.10.171.3131SELL $15,191
2018.10.051.3041BUY $14,325
2018.09.281.3053SELL $14,335
2018.09.061.2930BUY $13,159
2018.09.041.2854SELL $13,169
2018.08.271.2883BUY $13,485
2018.07.271.3103SHORT $11,150
2018.07.241.3143BUY $11,576
2018.07.171.3171SHORT $11,281
2018.07.041.3230BUY $11,917
2018.06.271.3203SHORT $12,172
2018.06.211.3198BUY $12,154
2018.06.181.3242SHORT $11,719
2018.05.311.3298BUY $12,335
2018.04.181.4261SELL $12,345
2018.04.031.4056BUY $10,335
2018.03.281.4127SELL $10,345
2018.03.131.3959BUY $8,705
2018.03.081.3830SHORT $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$5/day

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